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# | Post Title | Result Info | Date | User | Forum |
RE: H1 H2 Question Again | 0 Relevance | 5 days ago | Andrew Stanton | General Trading Discussion | |
H1, H2, etc. and L1, L2, etc. are simply attempts to resume the trend after a pause or PB. That's why they are a good setup in a strong trend. Most attempts to reverse trends fail and become with trend flags. Normally you can see it but sometimes it might only be visible on a smaller time frame. For example in a PB in a bull trend, you might see two bear bars, a doji then two more bear bars. That doji might be the first attempt to resume the bull trend even if it doesn't go above the prior bear bar. On a smaller TF, the tails on the doji might be seen as up-down price action. | |||||
RE: H1 H2 Question Again | 0 Relevance | 5 days ago | Wei | General Trading Discussion | |
That clarifies a lot Thank you | |||||
RE: H1 H2 Question Again | 0 Relevance | 5 days ago | Cleyson Terra | General Trading Discussion | |
Hi Wei, A bar with a high at or below the high of the prior bar is a H1 signal, It does not mean that this signal is going to trigger. If the next bar doesn't go above the signal, then it becomes the new H1 signal, and it only becomes an actual H1 when the market finally goes above the prior bar. | |||||
RE: H1 H2 Question Again | 0 Relevance | 5 days ago | mike | General Trading Discussion | |
Wei - check it out my 2c - could be wrong Attachment : image.png | |||||
H1 H2 Question Again | 0 Relevance | 5 days ago | Wei | General Trading Discussion | |
Hi, I am aware this question has been asked before, but somehow I have not get it Based on Statement 1) high 1, 2, 3, or 4A high 1 is a bar with a high above the prior bar in a bull flag or near the bottom of a trading range. If there is then a bar with a lower high (it can occur one or several bars later), the next bar in this correction whose high is above the prior bar’s high is a high 2. Third and fourth occurrences are a high 3 and 4. A high 3 is a wedge bull flag variant. Statement 2) However, based on bonus video 06 (Minute 15:08) Attachment : question_to_forum.png It mentioned that if High (H) of bar is at or below H of prior bar, it is a High 1 buy signal bar (H1 bull Flag) It seems that Statement 1 and Statement 2 are contradictory Can someone kindly help it to clarify ? Thanks | |||||
RE: H1 H2 L1 L2 Etc. | 0 Relevance | 2 months ago | OpLe Devay | 01 Terminology | |
Thank you, that's helpful. | |||||
RE: H1 H2 L1 L2 Etc. | 0 Relevance | 2 months ago | Andrew Stanton | 01 Terminology | |
Hs & Ls are simply attempts to resume the trend after a pullback. Sometimes they are very clear and sometimes they can be confusing. One way to clarify things when you are confused is to look at a smaller time frame. The pattern will often be much easier to see on a 1 minute chart. Don't try to trade the smaller time frame, just use it to see patterns that might be unclear on the 5 minute chart. | |||||
RE: H1 H2 L1 L2 Etc. | 0 Relevance | 2 months ago | Robert | 01 Terminology | |
For those that I'm sure will continue to come here trying to figure this out as I have, the link in the 2nd post is indeed helpful. I was thinking I would just summarize it here to make it more accessible for people, but there is some good back and forth on the thread. I had to wait overnight for access to the other forum, but the info there is actually helpful. | |||||
RE: H1 H2 or L1 L2 confusion | 0 Relevance | 11 months ago | Mr. Carpet | 08 Candles, Setups, and Signal Bars | |
Hi Joseph, Excellent thread here: Searching this forum for "bar counting" brings up a lot of discussions. Hope that helped,CH_________________Traders in BPA Telegram Group can't stop counting H1s and H2s. | |||||
RE: H1 H2 or L1 L2 confusion | 0 Relevance | 11 months ago | jivers | 08 Candles, Setups, and Signal Bars | |
There's also a Bar Counting section in the encyclopedia that provides good context regarding H and L bar counting, which is about reversal attempts and tradable formations that failure of such attempts create. | |||||
RE: H1 H2 or L1 L2 confusion | 0 Relevance | 11 months ago | jivers | 08 Candles, Setups, and Signal Bars | |
This forum post gets into it fairly well: | |||||
H1 H2 or L1 L2 confusion | 0 Relevance | 11 months ago | Joseph Rodriguez | 08 Candles, Setups, and Signal Bars | |
Are there other resources or a blog post better describing H1, H2, or L1, L2? Unfortunately, the video audio is a little delayed compared to the pointer, so when I think I grasp the concept, I just become confused again. | |||||
RE: H1 H2 L1 L2 Etc. | 0 Relevance | 1 year ago | Prabu Saminathan | 01 Terminology | |
I referred AL's 1st book again, he explains very clearly about bar counting (h1, H2/ L1, L2). Yes, it's actually as in the thread which is shared in the 1st reply of this post. (thanks for the clear explanation - original post). Still, I am curious to know why AL marks L1, and L2 in such a way in the first video (14:35 min). | |||||
RE: H1 H2 L1 L2 Etc. | 0 Relevance | 1 year ago | Prabu Saminathan | 01 Terminology | |
As in the second reply, I am counting the bar. Also, I have created an indicator for TV too. But I got confused with L1, and L2 count exactly in the first video 14:35 min. L1 is not created low also L2 also not going below the low of the prior bar. That makes me confused. I need to try out bonus video 6 and post my feedback if it clears. | |||||
RE: H1 H2 L1 L2 Etc. | 0 Relevance | 1 year ago | PB | 01 Terminology | |
We've all been there. This is probably the most frequently asked question here 🙂 If all else fails, see bonus video no. 6. |
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